At number 3016th in the list of Australian suburbs ordered by increase in median house value over the last year, Birkdale, 4159 is in the BOTTOM 30% with a property value increase of -3.28% recorded in median house prices.
A 13.33% growth in median value for property investors in Birkdale,4159 puts this suburb at number 643th in terms of best performing suburbs in QLD
Vendor discounting in Birkdale is giving property investors an average Vendor Discount of around -5.69%. This puts suburb at number 439th in QLD when ranking the most discounted suburbs.
Advertised rents are around the $490 mark per week – giving a return of 4.54% based on the median price in Suburb
If you compare the increase in value of investment property in Birkdale, 4159 to the rest of Australia, it performed poorly. The median increase in value, or capital gain property investors experienced for this QLD suburb was -6.99%.
While Birkdale,4159 ranked number 282th in QLD for increase in median house value (annualised) increase, it is ranked 163th over the last 5 years.
The QLD suburb of Birkdale, 4159 is in the Redland (C) local government area.
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Buyers enjoy a central location
Median house price: $569,500
Three-year growth: 15.6%
Rental yield: 4.3%
Stretching from Tingalpa Creek to Wellington Point, the suburb of Birkdale is rich in amenities, with a location that offers access to shops and dining establishments.
After 7.5% growth in the 12 months to May 2018, the median house price hit $570,000. This maintains the five-year streak of steady increases in values.
Investors enjoy a consistent stream of tenants while reaping 4.3% yield on weekly rents of $470, as the rental market boasts an average vacancy rate of just 0.9%.
Birkdale offers a lifestyle that is removed from Brisbane’s busy city while keeping residents close to the water, to schools, shops and public transport. A major shopping hub is located near the housing development of Aquatic Paradise. Birkdale State School and Birkdale South State School have been established here as well. Trains to the city stop at Birkdale railway station.